R. Adam Draizin - Jun 10, 2024 Form 4 Insider Report for TILT Holdings Inc. (TLLTF)

Role
Director
Signature
/s/ Mark Higgins as attorney-in-fact for Adam R. Draizin
Stock symbol
TLLTF
Transactions as of
Jun 10, 2024
Transactions value $
$0
Form type
4
Date filed
6/11/2024, 04:02 PM
Previous filing
Apr 2, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLLTF Common Shares, no par value Options Exercise $0 +617K +33.33% $0.00 2.47M Jun 10, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLLTF Restricted Share Units Options Exercise $0 -617K -100% $0.00* 0 Jun 10, 2024 Common Shares, no par value 617K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit ("RSU") is equivalent in value to one share of the Issuer's common share, no par value, at the time of vesting for no consideration.
F2 The RSUs vested as to 617,075 shares on September 29, 2023, 617,075 shares on December 29, 2023, 617,075 shares on March 29, 2024 and 617, 076 shares on June 10, 2024.
F3 The RSUs do not expire, they either vest or are cancelled.